WebDAM Accelerates Momentum in 2012

Doubles Sales, Exceeds Customer Retention Goals, Enhances Product

SAN MATEO, CA, July 19th, 2012 – WebDAM Solutions, the leading provider of web-based digital asset management (DAM), today announced strong momentum as it surpassed Q2 revenue goals, doubled year-over-year sales, and doubled its headcount in Silicon Valley. Several key factors played a role in the company’s ongoing success, including significant product innovations, leveraging strategic partnerships, and the launch of customer success programs.

In Q2 of 2012, WebDAM welcomed new customers including Intel, New Balance, Micron, Lutronic, UC Berkeley, Penn Medicine, University of San Diego, and a leading Fortune 500 luxury clothing company, among many others. Enterprises continuously select WebDAM as their provider for centralized digital assets, improved collaboration and brand management, and secure anytime-anywhere web access to their creative files.

“We have found that WebDAM meets our needs perfectly,” said Michael Shattuck, Photography Process Lead at New Balance. “For file sharing, we have found that organization and security are simple to manage — even with many users and groups. Our external clients have been thrilled with WebDAM, especially the flexibility of asset delivery options.”

Eric Barth, Director of Photography at Micron Technology adds, “We chose WebDAM because it provides the enterprise-level security, reliability and scalability we need to meet our company’s needs around the world. Plus WebDAM provides personalized service to help answer our questions and build a successful asset management system.”

In addition to the record-breaking volume of new customers, WebDAM achieved a 100% customer retention rate in Q2 of 2012, paired with an already aggressive product roadmap.

“We are committed to making WebDAM a product that people want to use at work. And, we are excited about the innovative ways in which new customers are using WebDAM to enhance marketing and creative tasks,” said WebDAM CEO Steve Rabkin. “As the volume of digital assets continues to grow, corporate enterprises with distributed workforces immediately benefit from using WebDAM. Their work becomes faster, easier, and more cost-efficient.”

Product Innovation:

WebDAM released a number of key innovations to its platform in Q2, empowering further success in digital asset management. Enhancements focused around automating marketing tasks, collaboration, and unsurpassed usability. Major Enhancements included:

Enhanced drag & drop functionality

A new lightning-fast uploader with cross-browser functionality

Asset version control with team collaboration capabilities

Related assets for more convenient ways to organize and view rich media

WebDAM was invited to be keynote speaker at the UPAA Symposium for a thought-leadership presentation in digital asset management.

Recognized as the leader in web-based digital asset management, WebDAM was invited by Box to showcase at Info360 in New York City. WebDAM shared digital asset management features and the technology’s integration with Box’s powerful platform.

“2012 has been a great year. When WebDAM first launched nearly eight years ago, enterprise marketing departments remained skeptical about using cloud technology to centralize valuable digital media,” said Jody Vandergriff, Co-Founder and President of WebDAM. “Today, they are knocking down our doors and the inevitable trend has brought valuable enterprise marketing initiatives and opportunities to most Fortune 1000 companies.”

About WebDAM Solutions
WebDAM Solutions is a leader in digital asset management, revolutionizing the way companies manage and share digital media. Our flagship application, WebDAM, provides marketing and creative teams with online tools for managing, sharing, searching, retrieving, and distributing creative collateral in the cloud. WebDAM has been implemented across industries such as higher education, nonprofit, high-tech, healthcare, travel and tourism, manufacturing and government. For more information, visit http://www.webdam.com.